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Westwood One
Westwood One is an American radio network There are two types of radio network currently in use around the world: the one-to-many (simplex communication) broadcast network commonly used for public information and mass-media entertainment, and the two-way radio ( duplex communication) type ... owned by Cumulus Media. The company broadcast syndication, syndicates talk, music, and sports programming. The company takes its name from an earlier network also named Westwood One (1976–2011), Westwood One, a company founded in 1978. The company was, at various times, managed by CBS Radio, the radio arm of CBS Corporation and Viacom (2005–present), Viacom. It was later purchased by the private equity firm The Gores Group before merging with Dial Global in 2011. In December 2013, Dial Global was, in turn, acquired by Cumulus Media. Prior to the sale's completion, Dial Global re-assumed the Westwood One name. After the completion of the purchase, Westwood One was merged into the Cumu ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Triton Media Group
Triton Digital, LLC, formerly Triton Media Group, is a digital audio technology and advertising company based in Los Angeles. The group was formally owned by E. W. Scripps Company which sold Triton to IHeartMedia in October 2020. The company works with audio publishers in over 35 countries including brands such as Pandora, Spotify, iHeartRadio, AccuRadio, CBS Radio, and ESPN Radio. Company Triton Digital was founded in August 2006 by Neal Schore and Mike Agovino in Sherman Oaks, California, in the Los Angeles area. It was funded as a limited partnership by private investors. Digital Triton announced a partnership to resell Slipstream Radio in 2008. Triton Digital acquired Ando Media in September 2009. Ando Media was founded in 2004 in Denver, Colorado. Ando developed software to audience measurement metrics for Internet radio, competing with the major firm Arbitron by 2006. In 2011 Ernst & Young named Schore (chief executive of Triton Media at the time) entrepreneur of the ...
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IHeartMedia
iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. As a result of this buyout, Clear Channel Communications, Inc., began to operate as a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel ...
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ABC Radio (United States)
ABC Audio is a radio syndicator, radio network and digital audio network in the United States. It is under the ownership of The Walt Disney Company, parent company of American Broadcasting Company (ABC), with satellite distribution being handled by Skyview Networks. It launched on January 1, 2015, as ABC Radio; it was renamed ABC Audio in 2019. Background ABC Radio originally began after the split of NBC Red and NBC Blue (later Blue Network) networks with ABC taking over operations of the latter from RCA in 1943 before adopting its name 2 years later. ABC Radio was known to broadcast the first nationwide report of the assassination of President John F. Kennedy. Kennedy was shot in a motorcade in Dallas, Texas, at 18:30 UTC on November 22, 1963, and ABC Radio's Don Gardiner anchored the network's initial bulletin at 18:36:50 UTC, minutes before any other radio or television network followed suit. The networks associated with ABC included Watermark Inc. (which ABC bought in 1 ...
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Entercom
Audacy, Inc. is an American broadcasting company based in Philadelphia, Pennsylvania. Founded in 1968 as Entercom Communications Corporation, it is the second largest radio company in the United States, owning 235 radio stations across 48 media markets. In November 2017, the company merged with CBS Radio. The transaction was structured as an exchange offer whereby owners of CBS Corporation common shares (i.e., not the multiple-voting shares held by National Amusements) at the time of the merger could elect to exchange their shares for Entercom shares corresponding to a 72% stake in the combined company. It is not clear how many CBS shareholders retained these Audacy shares, and the present-day Paramount Global has never held any ownership in the company. History Final logo used under the Entercom brand Joseph M. Field founded the company as Entertainment Communications (which would later be shortened to Entercom) on October 21, 1968, on the conviction that FM broadcasting, th ...
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CBS Radio News
CBS News Radio, formerly known as CBS Radio News and historically known as the CBS Radio Network, is a radio network that provides news to more than 1,000 radio stations throughout the United States. The network is owned by Paramount Global. It is the last of the three original national U.S. radio networks (CBS, NBC Radio Network and Mutual Broadcasting System) still operating and still owned by its parent company, even though CBS sold its owned and operated radio stations in 2017. (The current NBC Radio Network is actually owned by iHeartMedia but licenses use of the NBC name and NBC's TV news reports.) CBS News Radio is one of the two national news services distributed by Skyview Networks, which transmits national news, talk, music and special event programs, in addition to local news, weather, video news and other information to radio and television stations, as well as traffic reporting services. Background The network is the second-oldest unit of Paramount Global after ...
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Mutual Broadcasting System
The Mutual Broadcasting System (commonly referred to simply as Mutual; sometimes referred to as MBS, Mutual Radio or the Mutual Radio Network) was an American commercial radio network in operation from 1934 to 1999. In the Old-time radio, golden age of U.S. radio drama, Mutual was best known as the original network home of ''Lone Ranger#Original radio series, The Lone Ranger'' and ''The Adventures of Superman (radio), The Adventures of Superman'' and as the long-time radio residence of ''The Shadow''. For many years, it was a national broadcaster for Major League Baseball on Mutual, Major League Baseball (including the Major League Baseball All-Star Game, All-Star Game and World Series), the National Football League, and Notre Dame Fighting Irish football. From the mid-1930s and until the retirement of the network in 1999, Mutual ran a highly respected news service accompanied by a variety of popular commentary shows. Mutual pioneered the nationwide late night call-in radio program ...
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NBC Red Network
The National Broadcasting Company's NBC Radio Network (known as the NBC Red Network prior to 1942) was an American commercial radio network which was in operation from 1926 through 2004. Along with the NBC Blue Network it was one of the first two nationwide networks established in the United States. Its major competitors were the Columbia Broadcasting System (CBS), founded in 1927, and the Mutual Broadcasting System, founded in 1934. In 1942, NBC was required to divest one of its national networks, so it sold NBC Blue, which was soon renamed the American Broadcasting Company (ABC). After this separation the Red Network continued as the ''NBC Radio Network''. In 1987 NBC sold its remaining radio network operations to Westwood One, which continued using NBC identification for some of its programming until 2014. Beginning in 2016, NBC Radio News has been distributed in conjunction with iHeartMedia. Early history WEAF chain The 1926 formation of the National Broadcasting Company ...
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